Schaeffler completes merger with Vitesco Technologies

News
M&A
ATI News Team

The merged entity expects to achieve revenue and cost synergies with an estimated EBIT impact of €600 million annually

Schaeffler has successfully completed its previously announced merger with Vitesco Technologies, the Germany-based supplier said in a press release on Oct. 1.

Thank you for visiting S&P Global AutoTechInsight.

*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload preload